An asset (usually *cash) lent to an individual or organization, for which the return of the asset or repayment of the cash is anticipated. The cost of a loan is measured by the *interest applied to it. A mortgage is an example of a *long-term loan.

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LOAN — (Heb. הַלְוָאָה, halva ah), a transaction in which a thing, usually money, is given by one person, called the malveh ( lender ), to another, called the loveh ( borrower ), for the latter s use and enjoyment, and in order that such thing or its… … Encyclopedia of Judaism

loan — n 1 a: money lent at interest b: something lent usu. for the borrower s temporary use 2: a transfer or delivery of money from one party to another with the express or implied agreement that the sum will be repaid regardless of contingency and usu … Law dictionary

loan — verb. In 19c British English, loan was a standard alternative for lend, but by the time Fowler wrote (1926) loan had been largely driven out by lend, although it has continued in use in AmE. In current use loan is mostly confined to non British… … Modern English usage

loan — ► NOUN 1) a thing that is borrowed, especially a sum of money that is expected to be paid back with interest. 2) the action of lending. ► VERB ▪ give as a loan. ● on loan Cf. ↑on loan DERIVATIVES … English terms dictionary